Johnson Comments on CBO Report on the US Budget

Washington, D.C. – Senator Johnson made the following comments on the release of the latest CBO report.

“Sadly, yesterday, we received further proof of the true harm done to our country by the Patient Protection and Affordable Care Act (PPACA).   The Congressional Budget Office (CBO) released a report on the budget (link here) that shows PPACA is expected to lower wages and depress the incentive for individuals to look for higher wages.  CBO’s analysis should put to rest any doubt left among the proponents of this law that it is harmful.   The people of Wisconsin are already seeing their insurance cost skyrocket, losing access to their doctors, and losing the health plans they liked.   This report is additional proof that the law damages every component of our economy.

“It is unconscionable that the Democrats who passed this bill and the President who signed it into law would let this debacle continue.  We must act responsibly to repair the damage caused by the law and limit and prevent future damage.  It goes beyond callous to stand idly by while people are losing their livelihoods and having their health put at risk.”